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Newspaper
Childress Index
Location
Childress, Texas, United States of America
Date
Dec 22, 1964
Page
5
Major livestock terminals show continued downward prices with steers and heifers weak to lower versus last Friday. Feeder cattle demand narrows amid lower slaughter prices while hogs and lambs see mixed moves and wholesale beef pressures persist. Soybeans and grains close mixed as oats and rye firm.
The Dow Jones averages show mixed moves with industrials near 872, rails around 206, and utilities near 154 while noon and 1 p.m. readings reflect small gains and losses. Treasury data for the year ending December 17 shows withdrawals exceeding deposits and a substantial public debt balance with a large cash balance and gold valuation.
COLLEGE STATION Texas Agricultural Extension Service agronomist R J Miears says investing in high quality seed adapted to the area is essential for good yields. He notes certified seed offers varietal purity and assurance of germination while fields are isolated and off type plants removed. Early seed purchases are advised as supplies will be plentiful though planting time is still weeks away.
Mrs Leone Hurlburt, a kinder ten teacher at Park Place Elementary, encounters a mixup as a new student arrives. A staff member brings Steven Crumpler, but another student carries the same name with a middle name difference. The class must distinguish Steven Edward Crumpler from Steven Ray Crumpler.
Texas Agricultural Extension Service economist John G. McHaney projects a 2 to 3 percent rise in cattle and calves at January 1 1965 to 106.3 million head with growth slowed by higher slaughter and fewer live imports. Fed cattle prices should stay near current levels into early 1965 but large future marketings could lower prices.
COLLEGE STATION Texas Anoth er year ends and farmers are urged to obtain IRS Publication 225 the Farmer s Tax Guide from Texas A M University Extension agents to aid tax preparation Farmers may file a 1964 tax estimate by January 15 extending Form 1040 filing to April 15 if they paid two thirds or more of their 1964 income from farming Wage and social security tax rules are outlined including Form 943 for farm wages and the January 31 deadline for tax withholding reports.
Fort Worth markets report cattle and calves active with gains to 25 higher on good quality cattle. Slaughter steers around 2150 per head, heifers up to 500 lb, feeder steers 16 to 19.25, feeder calves 19.50 to 20, heifer calves 14.50 to 16.50. Hogs steady to 25 lower with 178 to 243 Ib barrows and gilts at 15 to 16, sows 12 to 14. Sheep active and steady with lambs and wool prices noted. slaughter lambs around 20, heaviest shorn lambs 19 to 19.50.
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